Crypto has gone to shit

[djscreem01]

it is true that there is a fall between the two.
 but when friends graphs are examined we are informed about how the crypto currency will be accelerated.
Please let us analyze the graphics well. let's examine a long scale from the past, not instant.

[carlisle1]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

you fuckin right men,your sentiments deserves to be answered by actions.tthose icos that nothing do good but copying other project just to gain from thos fool investors whos only investing without reading the full projection of that ico.

[Kryten12]

Unfortunately there are conmen in the crypto space operating the same scams as everywhere else. Let's not forget the Nigerian Prince wanting to send you money to look after isn't that old. You need to be very diligent when you are thinking about putting money into a project, and check thing thoroughly several times. And always never invest money you are not prepared to lose.

[nuggetbram]

Yes.
Now dozens of these ICO are created dozens per day.
And many bluntly want money for projects that have already been, or are giving away thousands of tokens that cost 0!

It is necessary to regulate ICO! Otherwise there will be a mess and lots of scammers.

[Lucky_U]

Gradually regulation will come in crypto world and all scamer ICO will disappeared, but ICO profits decreased too.

[tangbori]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

I don't really get your concern about this scam coin issue because in your write up you said we need another fucking crash to clear out shitcoins and scam. My question is what is the correlation between market crash and scam coin?

[wndrbr3d]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

Nobody forces you to invest in scam projects. You should use your own head and assess risks right before investment in new ICO. For example - I try to avoid those projects that do not have an alpha version of the product at least.

[roshanface123]

Even i seen lots of projects which is the clear copy cat of existing solution collecting fund like some betting ICO raising more than millions there is no meaning on that . The most ICO coming with exchange name , Crypto bank and card , and betting site it is the common ICO's . The horrible thing here these ICO's are collecting funds. Whom to blame greedy investors or Cheating ICO's .

[Md.salauddin]

Now there are a lot of things in the crypt like exchanges, forks and coins.People see the ISO just as a way to make money and everything but it is attached to something bigger, I think this is part of the risk, because after all crypto contains once the advantages and disadvantages in it.

[ausbit]

you're trying to tell me that most people in crypto are only here for quick money and not to embrace the tech?

NO F'N WAY MAN!!!

 blame these people from developing countries trying to cash in on airdrops or fake ICO's and other scams, they are ruining everything.

I really do not know why you guys are angry with the devs, developing countries and the likes when we are in a non-regulated environment. Not like I love regulation, but let's face it, there is no need for segregation here as we are all at fault, both the developed and non-developing worlds.

A lot of these scams even come from developed countries and even the investors in both regions; hardly take their time for proper scrutiny. The truth is that greed has taken over most people in the community and at the end you start asking yourself the question if regulation is actually the proper way to go or not.

[luongdk]

Yes, may be you are right. Crypto is going to shit. But why? Because of its popularity, people understood that they can do money in this sphere and they are no more interested in development of something new, that can really help people. It is very sadly.

[GeorgiaCoin]

Agreed. Very unfortunate things are happening. Most surprising part  of all these, only educated technical people are active in Crypto world so far,  but  many techie investors are getting scammed by techie scammers. It's not like some innocent is scammed by all of sudden one day. Everything is happening as if it's legit.

Look at Coinsmarkets exchange as an example, that guy took millions of dollars worth over 2 months in to his hand and no response/post or  any updates.

[carrymentality]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

That may be true, but I don't agree with some of the points raised. Cryptocurrency may be in a bad state, but it has all the capacity to get back on its feet. Its just how the market unfolds and plays out. I think that its just part of our task as cryptocurrency venturers to be careful with our investments and the ventures we enter. You can't hope that everything will go as planned and that everything will be in paradise. Exerting caution and diligence in your every move is not a bad thing to use to avoid scams and probably loses that may come along your way.

[Ailmand]

this is a part of the game. if everything is easy, how can the investors get big profit? the challenges help the people can learn many things and have the experience to choose the right token

That's right. I think since many people have earned a lot through the cryptocurrency that many think it's easy already. However, no investment market is easy. You can encounter so many heartbreaking scenarios that could convince you that you should walk away. However, for those who succeed, they just keep at it and not give up even when there are difficulties or losses. Scams, on the one hand, is always part of the landscape. There would always be people who would try to take advantage of others, thus, the job of a cryptocurrency investor is to be cautious and diligent with your business. Be sure to check everything closely and thoroughly so that you can stay away from any disadvantageous ventues.

[aencarnaci]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

Not gonna happen. As long as there are exchanges willing to host scam coins there will be scam coins.  Ox Fina was one of the earliest scam ICO's and they are still traded on Cryptopia, despite being warned that this was a scam coin. The developers stopped posting on social media after the coins were distributed.  You want to clear the market then you need to start putting pressure on the exchanges.

The exchanges are even the starting point of this bullshit. Checkout Yobit, HitBTC, and co, they are all full of shitcoins, pump and dump coins that really add no benefit to the community. Well, this is a decentralized environment and it seems everything goes, which is why you won't blame the government shouting on top of their voice with respect to regulations.

Seems we are really proving them right but at the end of it all, the whole thing balls down to investors, but we cannot eliminate greedy investors from the market, can we? So, we just have to live with it until further notice.

[Drogean]

I think that the bubble can swell for a long time-a year or more. Now is not the limit. But the time will come and 80-90% of altcoins will fall to 0 and suicides will begin 

[cryptonianz]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

This is true, but not all ICOs are scams, you must see the bigger picture mate. But you took it heart. Perhaps you was scammed and feel this way or you have finally been enlightened with your surroundings?

Anyway, i hope you feel more positively after you let some steam out 

[jpoker272727]

you're trying to tell me that most people in crypto are only here for quick money and not to embrace the tech?

NO F'N WAY MAN!!!

 blame these people from developing countries trying to cash in on airdrops or fake ICO's and other scams, they are ruining everything.

Most investors are putting their money on ICO for the great profit in the near future. They are not really into the project, why? investing in an ICO is not owning some percentage of the company owners but just tokens or coins. Now Developer is into real money and not just the project.
ICO is making such project hitting a double dagger with investors. Yes, they have the project but they fully own that, they have the business to run.
People get tokens and making money with that and at the same time, Developers are holding some percentage of the token supply that can be easily changed to money.
TRUE! this is not SATOSHI NAKAMOTO WANTS!

[ekn222]

you're trying to tell me that most people in crypto are only here for quick money and not to embrace the tech?

NO F'N WAY MAN!!!

 blame these people from developing countries trying to cash in on airdrops or fake ICO's and other scams, they are ruining everything.

Most investors are putting their money on ICO for the great profit in the near future. They are not really into the project, why? investing in an ICO is not owning some percentage of the company owners but just tokens or coins. Now Developer is into real money and not just the project.
ICO is making such project hitting a double dagger with investors. Yes, they have the project but they fully own that, they have the business to run.
People get tokens and making money with that and at the same time, Developers are holding some percentage of the token supply that can be easily changed to money.
TRUE! this is not SATOSHI NAKAMOTO WANTS!

99% of icos are scam mate!

[Smile01]

I agree with a topicstarter,  the world of crypto is a world that include large amount of scam and greed. Shitcoin pumps and dumps, whales manipulating, mad developers, which raise millions of dollars to develop the soursecode (omg), thinking only about money, and much more... But these are rules of the game, take it or leave it.